استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
يحاول ذهب - حر
Marcos, Cabinet officials ready to publish net worth
October 14, 2025
|Business World Philippines
THE presidential palace on Monday said members of the Executive branch including President Ferdinand R. Marcos, Jr., are open to publicizing their statements of assets, liabilities and net worth (SALN), following the new Ombudsman’s plan to lift restrictions as calls for government transparency intensify.
-
“Whatever is proper, in accordance with the law and beneficial in the fight against corruption — everyone in the Executive branch will comply,” Palace Press Officer Clarissa A. Castro told a news briefing in Filipino. “Everyone in the Executive branch is ready.”
The Philippines is probing a multi-billion-peso public works scam after Mr. Marcos’ pronouncements during his fourth state of the nation address, where he accused lawmakers of receiving kickbacks in various infrastructure projects.
This opened a can of worms as various government branches launched their own inquiries, further uncovering irregularities in infrastructure spending and prompting renewed scrutiny of accountability and transparency in public service.
The President also appointed former Justice Secretary Jesus Crispin C. Remulla as ombudsman and established an independent body to probe public work scams.
هذه القصة من طبعة October 14, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Business World Philippines
Business World Philippines
London copper prices retreat as inventories rise, confusion swirls on tariffs
Copper prices pulled back on Monday as inventories extended their rise and investors puzzled over the future of US tariffs and Chinese trading ahead of reopening after a holiday.
1 mins
February 25, 2026
Business World Philippines
GlobalSource: Rate cut a 'wake-up call' to Malacañang, Congress
THE BANGKO SENTRAL ng Pilipinas’ (BSP) recent policy rate reductions may fall short in boosting the economy amid slow monetary policy transmission and persistent structural issues that hinder growth, GlobalSource Partners said.
3 mins
February 25, 2026
Business World Philippines
GSIS looks to improve its lending programs
THE GOVERNMENT Service Insurance System (GSIS) plans to make its lending programs more competitive versus those offered by private creditors as it looks to boost its investment income.
2 mins
February 25, 2026
Business World Philippines
Banks’ trust assets grow to P5.7 trillion
THE Philippine banking system’s trust assets ended at a record high of P5.696 trillion in 2025 amid the continued expansion of unit investment trust funds (UITFs), data from the Bangko Sentral ng Pilipinas (BSP) showed.
2 mins
February 25, 2026
Business World Philippines
Wall Street plunges amid AI displacement fears and revived tariff angst
Wall Street stocks tumbled on Monday, as ongoing fears of artificial intelligence (AI)-related disruption and the fallout from Friday’s US Supreme Court ruling sent investors fleeing from high-risk equities.
2 mins
February 25, 2026
Business World Philippines
Marcos to accelerate reforms as growth falters
THE ADMINISTRATION of Philippine President Ferdinand R. Marcos, Jr. is accelerating structural reforms and diversifying trade ties to shield the economy from global volatility following sluggish economic growth last year.
2 mins
February 25, 2026
Business World Philippines
ASEAN to discuss unified stand on US tariffs
THE PHILIPPINES is eyeing to lead the regional discussions to come up with a unified stance on the US reciprocal tariffs through its Association of Southeast Asian Nations (ASEAN) chairship, the Department of Trade and Industry (DTI) said.
3 mins
February 25, 2026
Business World Philippines
PHL faces climate-related credit risk
THE PHILIPPINES is among the countries most vulnerable to climate-related credit risks as extreme weather imperils the country’s economic and fiscal stability, Fitch Ratings said.
2 mins
February 25, 2026
Business World Philippines
House body to start Sara impeachment review
THE House of Representatives Justice Committee will begin reviewing the merits of impeachment complaints against Philippine VicePresident Sara Duterte-Carpio next week, its chairwoman said on Tuesday, marking the first formal step in determining whether efforts to remove her from office have sufficient basis.
1 mins
February 25, 2026
Business World Philippines
Meta executive warned Facebook Messenger encryption plan was ‘so irresponsible,’ shows court filing
Meta executives proceeded with a plan to encrypt the messaging services connected to its Facebook and Instagram apps despite internal warnings that it would hinder the social media giant’s ability to flag child-exploitation cases to law enforcement, according to internal company documents filed in a New Mexico state court case.
2 mins
February 25, 2026
Listen
Translate
Change font size